디지털 유틸리티 시장 규모, 점유율, 동향 분석 : 기술별, 네트워크별, 지역별 전망 및 예측(2023-2030년)

The Global Digital Utility Market size is expected to reach $380.9 billion by 2030, rising at a market growth of 10.2% CAGR during the forecast period.

The Asia Pacific region is witnessing significant growth in renewable energy projects, particularly solar and wind power. Therefore, the Asia Pacific region acquired $51,881.9 million revenue in 2022. The rapid urbanization in the Asia Pacific region necessitates the modernization of energy grids. The growing urban population generates increased waste.

The major strategies followed by the market participants are Partnerships & Collaborations as the key developmental strategy to keep pace with the changing demands of end users. For instance, In November 2023, Capgemini SE signed a partnership with Bpifrance, through this partnership, Capgemini would expedite innovation and the digital transformation of Bpifrance and its clients, enhancing the bank's IT teams with cutting-edge technologies, notably in data processing and AI. Additionally, In October 2023, Siemens AG came into partnership with Microsoft to merge AI advancements across the Microsoft Cloud with Siemens' industrial domain knowledge, empowering frontline and knowledge workers alike with innovative, AI-driven tools.

Based on the Analysis presented in the KBV Cardinal matrix; Microsoft Corporation is the forerunner in the Digital Utility Market. In November 2023, Capgemini SE signed a collaboration with Euroclear. Under this collaboration, both companies joined hands in the successful rollout of its Digital Securities Issuance (D-SI) service. Companies such as Siemens AG, Accenture PLC, and General Electric Company are some of the key innovators in Digital Utility Market.

Market Growth Factors

Industrialization is marked by adopting the Industrial Internet of Things (IIoT) to create connected and intelligent industrial ecosystems. Digital utility solutions contribute to the connectivity and optimization of energy-intensive industrial processes. Therefore, the market is expanding significantly due to the increasing trends in urbanization and industrialization.

Resilience planning involves using predictive analytics to develop early warning systems for natural disasters. AI and data analytics enable utilities to forecast potential threats and take proactive measures to safeguard critical infrastructure. Thus, because of the resilience planning and disaster management, the market is anticipated to increase significantly.

Market Restraining Factors

The disparity in financial capabilities among utilities can lead to unequal access to digital technologies. Larger utilities or those in economically robust regions may have the financial capacity to invest in advanced solutions, leaving smaller utilities disadvantaged. Thus, high initial investment can slow down the growth of the market.

By Technology Analysis

By technology, the market is categorized into hardware and integrated solutions. The integrated solutions segment covered 34.6% revenue share in the digital utility market in 2022 Integrated solutions enable utilities to manage diverse aspects of their operations through a unified system. This ensures that utilities can engage with customers through their preferred channels, fostering stronger connections.

By Network Analysis

Based on network, the market is classified into generation, transmission & distribution, and retail. In 2022, the generation segment witnessed 41.1% revenue share in the market. The generation segment leverages big data analytics to process large volumes of data generated by power plants and grid operations.

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region led the digital utility market by generating 33.2% revenue share. North America has numerous research and innovation centers focused on advancing digital utility technologies.

Recent Strategies Deployed in the Market

• Nov-2023: Capgemini SE signed a collaboration with Euroclear, a Belgium-based financial services company that provides settlement and securities services for domestic and international securities transactions. Under this collaboration, both companies joined hands in the successful rollout of its Digital Securities Issuance (D-SI) service.
• Nov-2023: Capgemini SE signed a partnership with Bpifrance, a French public investment bank that provides financial support and services to French businesses. Through this partnership, Capgemini would expedite innovation and the digital transformation of Bpifrance and its clients, enhancing the bank's IT teams with cutting-edge technologies, notably in data processing and AI.
• Oct-2023: Siemens AG came into partnership with Microsoft, a multinational technology company renowned for its development of software, hardware, and cloud services. Under this partnership, both companies would be able to merge AI advancements across the Microsoft Cloud with Siemens' industrial domain knowledge, empowering frontline and knowledge workers alike with innovative, AI-driven tools.
• Sep-2023: Oracle Corporation signed a partnership with Microsoft Corporation, a multinational technology company renowned for its development of software, hardware, and cloud services. Under this partnership, Oracle Exadata hardware would be placed within Azure datacenters, customers would enjoy optimal performance in both database and network operations.
• Jun-2023: Accenture PLC signed a collaboration with AWS, a comprehensive and widely used cloud computing platform that offers a vast array of services for businesses to build and manage their IT infrastructure and applications. Through this collaboration, AWS would provide their clients across industries with meticulously crafted business cases, robust safeguards for responsible AI use, and heightened expertise to maximize value from innovative technologies.

List of Key Companies Profiled

• Cognizant Technology Solutions Corporation
• Accenture PLC
• Capgemini SE
• ABB Ltd.
• General Electric Company
• Siemens AG
• Microsoft Corporation
• Oracle Corporation
• SAP SE
• IBM Corporation

Global Digital Utility Market Report Segmentation

By Technology

• Hardware
• Integrated Solutions

By Network

• Generation
• Transmission & Distribution
• Retail

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1.Market Scope & Methodology

• 1.1Market Definition
• 1.2Objectives
• 1.3Market Scope
• 1.4Segmentation
  • 1.4.1Global Digital Utility Market, by Technology
  • 1.4.2Global Digital Utility Market, by Network
  • 1.4.3Global Digital Utility Market, by Geography
• 1.5Methodology for the research

Chapter 2.Market at a Glance

• 2.1Key Highlights

Chapter 3.Market Overview

• 3.1Introduction
  • 3.1.1Overview
    • 3.1.1.1Market Composition and Scenario
• 3.2Key Factors Impacting the Market
  • 3.2.1Market Drivers
  • 3.2.2Market Restraints
  • 3.2.3Market Opportunities
  • 3.2.4Market Challenges

Chapter 4.Competition Analysis - Global

• 4.1KBV Cardinal Matrix
• 4.2Recent Industry Wide Strategic Developments
  • 4.2.1Partnerships, Collaborations and Agreements
  • 4.2.2Product Launches and Product Expansions
  • 4.2.3Acquisition and Mergers
• 4.3Top Winning Strategies
  • 4.3.1Key Leading Strategies: Percentage Distribution (2019-2023)
  • 4.3.2Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Jan - 2023, Nov) Leading Players
• 4.4Porter's Five Forces Analysis

Chapter 5.Global Digital Utility Market, By Technology

• 5.1Global Hardware Market, By Region
• 5.2Global Integrated Solutions Market, By Region

Chapter 6.Global Digital Utility Market, By Network

• 6.1Global Generation Market, By Region
• 6.2Global Transmission & Distribution Market, By Region
• 6.3Global Retail Market, By Region

Chapter 7.Global Digital Utility Market, By Region

• 7.1North America Digital Utility Market
  • 7.1.1North America Digital Utility Market, By Technology
    • 7.1.1.1North America Hardware Market, By Country
    • 7.1.1.2North America Integrated Solutions Market, By Country
  • 7.1.2North America Digital Utility Market, By Network
    • 7.1.2.1North America Generation Market, By Country
    • 7.1.2.2North America Transmission & Distribution Market, By Country
    • 7.1.2.3North America Retail Market, By Country
  • 7.1.3North America Digital Utility Market, By Country
    • 7.1.3.1US Digital Utility Market
      • 7.1.3.1.1US Digital Utility Market, By Technology
      • 7.1.3.1.2US Digital Utility Market, By Network
    • 7.1.3.2Canada Digital Utility Market
      • 7.1.3.2.1Canada Digital Utility Market, By Technology
      • 7.1.3.2.2Canada Digital Utility Market, By Network
    • 7.1.3.3Mexico Digital Utility Market
      • 7.1.3.3.1Mexico Digital Utility Market, By Technology
      • 7.1.3.3.2Mexico Digital Utility Market, By Network
    • 7.1.3.4Rest of North America Digital Utility Market
      • 7.1.3.4.1Rest of North America Digital Utility Market, By Technology
      • 7.1.3.4.2Rest of North America Digital Utility Market, By Network
• 7.2Europe Digital Utility Market
  • 7.2.1Europe Digital Utility Market, By Technology
    • 7.2.1.1Europe Hardware Market, By Country
    • 7.2.1.2Europe Integrated Solutions Market, By Country
  • 7.2.2Europe Digital Utility Market, By Network
    • 7.2.2.1Europe Generation Market, By Country
    • 7.2.2.2Europe Transmission & Distribution Market, By Country
    • 7.2.2.3Europe Retail Market, By Country
  • 7.2.3Europe Digital Utility Market, By Country
    • 7.2.3.1Germany Digital Utility Market
      • 7.2.3.1.1Germany Digital Utility Market, By Technology
      • 7.2.3.1.2Germany Digital Utility Market, By Network
    • 7.2.3.2UK Digital Utility Market
      • 7.2.3.2.1UK Digital Utility Market, By Technology
      • 7.2.3.2.2UK Digital Utility Market, By Network
    • 7.2.3.3France Digital Utility Market
      • 7.2.3.3.1France Digital Utility Market, By Technology
      • 7.2.3.3.2France Digital Utility Market, By Network
    • 7.2.3.4Russia Digital Utility Market
      • 7.2.3.4.1Russia Digital Utility Market, By Technology
      • 7.2.3.4.2Russia Digital Utility Market, By Network
    • 7.2.3.5Spain Digital Utility Market
      • 7.2.3.5.1Spain Digital Utility Market, By Technology
      • 7.2.3.5.2Spain Digital Utility Market, By Network
    • 7.2.3.6Italy Digital Utility Market
      • 7.2.3.6.1Italy Digital Utility Market, By Technology
      • 7.2.3.6.2Italy Digital Utility Market, By Network
    • 7.2.3.7Rest of Europe Digital Utility Market
      • 7.2.3.7.1Rest of Europe Digital Utility Market, By Technology
      • 7.2.3.7.2Rest of Europe Digital Utility Market, By Network
• 7.3Asia Pacific Digital Utility Market
  • 7.3.1Asia Pacific Digital Utility Market, By Technology
    • 7.3.1.1Asia Pacific Hardware Market, By Country
    • 7.3.1.2Asia Pacific Integrated Solutions Market, By Country
  • 7.3.2Asia Pacific Digital Utility Market, By Network
    • 7.3.2.1Asia Pacific Generation Market, By Country
    • 7.3.2.2Asia Pacific Transmission & Distribution Market, By Country
    • 7.3.2.3Asia Pacific Retail Market, By Country
  • 7.3.3Asia Pacific Digital Utility Market, By Country
    • 7.3.3.1China Digital Utility Market
      • 7.3.3.1.1China Digital Utility Market, By Technology
      • 7.3.3.1.2China Digital Utility Market, By Network
    • 7.3.3.2Japan Digital Utility Market
      • 7.3.3.2.1Japan Digital Utility Market, By Technology
      • 7.3.3.2.2Japan Digital Utility Market, By Network
    • 7.3.3.3India Digital Utility Market
      • 7.3.3.3.1India Digital Utility Market, By Technology
      • 7.3.3.3.2India Digital Utility Market, By Network
    • 7.3.3.4South Korea Digital Utility Market
      • 7.3.3.4.1South Korea Digital Utility Market, By Technology
      • 7.3.3.4.2South Korea Digital Utility Market, By Network
    • 7.3.3.5Singapore Digital Utility Market
      • 7.3.3.5.1Singapore Digital Utility Market, By Technology
      • 7.3.3.5.2Singapore Digital Utility Market, By Network
    • 7.3.3.6Malaysia Digital Utility Market
      • 7.3.3.6.1Malaysia Digital Utility Market, By Technology
      • 7.3.3.6.2Malaysia Digital Utility Market, By Network
    • 7.3.3.7Rest of Asia Pacific Digital Utility Market
      • 7.3.3.7.1Rest of Asia Pacific Digital Utility Market, By Technology
      • 7.3.3.7.2Rest of Asia Pacific Digital Utility Market, By Network
• 7.4LAMEA Digital Utility Market
  • 7.4.1LAMEA Digital Utility Market, By Technology
    • 7.4.1.1LAMEA Hardware Market, By Country
    • 7.4.1.2LAMEA Integrated Solutions Market, By Country
  • 7.4.2LAMEA Digital Utility Market, By Network
    • 7.4.2.1LAMEA Generation Market, By Country
    • 7.4.2.2LAMEA Transmission & Distribution Market, By Country
    • 7.4.2.3LAMEA Retail Market, By Country
  • 7.4.3LAMEA Digital Utility Market, By Country
    • 7.4.3.1Brazil Digital Utility Market
      • 7.4.3.1.1Brazil Digital Utility Market, By Technology
      • 7.4.3.1.2Brazil Digital Utility Market, By Network
    • 7.4.3.2Argentina Digital Utility Market
      • 7.4.3.2.1Argentina Digital Utility Market, By Technology
      • 7.4.3.2.2Argentina Digital Utility Market, By Network
    • 7.4.3.3UAE Digital Utility Market
      • 7.4.3.3.1UAE Digital Utility Market, By Technology
      • 7.4.3.3.2UAE Digital Utility Market, By Network
    • 7.4.3.4Saudi Arabia Digital Utility Market
      • 7.4.3.4.1Saudi Arabia Digital Utility Market, By Technology
      • 7.4.3.4.2Saudi Arabia Digital Utility Market, By Network
    • 7.4.3.5South Africa Digital Utility Market
      • 7.4.3.5.1South Africa Digital Utility Market, By Technology
      • 7.4.3.5.2South Africa Digital Utility Market, By Network
    • 7.4.3.6Nigeria Digital Utility Market
      • 7.4.3.6.1Nigeria Digital Utility Market, By Technology
      • 7.4.3.6.2Nigeria Digital Utility Market, By Network
    • 7.4.3.7Rest of LAMEA Digital Utility Market
      • 7.4.3.7.1Rest of LAMEA Digital Utility Market, By Technology
      • 7.4.3.7.2Rest of LAMEA Digital Utility Market, By Network

Chapter 8.Company Profiles

• 8.1Cognizant Technology Solutions Corporation
  • 8.1.1Company overview
  • 8.1.2Financial Analysis
  • 8.1.3Segmental and Regional Analysis
  • 8.1.4Recent strategies and developments:
    • 8.1.4.1Product Launches and Product Expansions:
    • 8.1.4.2Acquisition and Mergers:
  • 8.1.5SWOT Analysis
• 8.2Accenture PLC
  • 8.2.1Company Overview
  • 8.2.2Financial Analysis
  • 8.2.3Segmental Analysis
  • 8.2.4Research & Development Expenses
  • 8.2.5Recent strategies and developments:
    • 8.2.5.1Partnerships, Collaborations, and Agreements:
  • 8.2.6SWOT Analysis
• 8.3Capgemini SE
  • 8.3.1Company Overview
  • 8.3.2Financial Analysis
  • 8.3.3Regional Analysis
  • 8.3.4Recent strategies and developments:
    • 8.3.4.1Partnerships, Collaborations, and Agreements:
    • 8.3.4.2Acquisition and Mergers:
  • 8.3.5SWOT Analysis
• 8.4ABB Ltd.
  • 8.4.1Company Overview
  • 8.4.2Financial Analysis
  • 8.4.3Segmental and Regional Analysis
  • 8.4.4Research & Development Expense
  • 8.4.5Recent strategies and developments:
    • 8.4.5.1Product Launches and Product Expansions:
    • 8.4.5.2Acquisition and Mergers:
  • 8.4.6SWOT Analysis
• 8.5General Electric Company
  • 8.5.1Company Overview
  • 8.5.2Financial Analysis
  • 8.5.3Segmental and Regional Analysis
  • 8.5.4Research & Development Expense
  • 8.5.5Recent strategies and developments:
    • 8.5.5.1Partnerships, Collaborations, and Agreements:
  • 8.5.6SWOT Analysis
• 8.6Siemens AG
  • 8.6.1Company Overview
  • 8.6.2Financial Analysis
  • 8.6.3Segmental and Regional Analysis
  • 8.6.4Research & Development Expense
  • 8.6.5Recent strategies and developments:
    • 8.6.5.1Partnerships, Collaborations, and Agreements:
    • 8.6.5.2Product Launches and Product Expansions:
  • 8.6.6SWOT Analysis
• 8.7Microsoft Corporation
  • 8.7.1Company Overview
  • 8.7.2Financial Analysis
  • 8.7.3Segmental and Regional Analysis
  • 8.7.4Research & Development Expenses
  • 8.7.5Recent strategies and developments:
    • 8.7.5.1Acquisition and Mergers:
  • 8.7.6SWOT Analysis
• 8.8Oracle Corporation
  • 8.8.1Company Overview
  • 8.8.2Financial Analysis
  • 8.8.3Segmental and Regional Analysis
  • 8.8.4Research & Development Expense
  • 8.8.5Recent strategies and developments:
    • 8.8.5.1Partnerships, Collaborations, and Agreements:
  • 8.8.6SWOT Analysis
• 8.9SAP SE
  • 8.9.1Company Overview
  • 8.9.2Financial Analysis
  • 8.9.3Segmental and Regional Analysis
  • 8.9.4Research & Development Expense
  • 8.9.5Recent strategies and developments:
    • 8.9.5.1Partnerships, Collaborations, and Agreements:
  • 8.9.6SWOT Analysis
• 8.10.IBM Corporation
  • 8.10.1Company Overview
  • 8.10.2Financial Analysis
  • 8.10.3Regional & Segmental Analysis
  • 8.10.4Research & Development Expenses
  • 8.10.5Recent strategies and developments:
    • 8.10.5.1Partnerships, Collaborations, and Agreements:
    • 8.10.5.2Acquisition and Mergers:
  • 8.10.6SWOT Analysis

Chapter 9.Winning Imperatives of Digital Utility Market